With 1.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.9 million shares. The 52-week range on JHX shows that it touched its highest point at $43.57 and its lowest point at $19.72 during that stretch. It currently has a 1-year price target of $32.09. Beta for the stock currently stands at 1.78.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JHX was up-trending over the past week, with a rise of 0.13%, but this was up by 11.82% over a month. Three-month performance dropped to -27.77% while six-month performance fell -25.55%. The stock lost -32.34% in the past year, while it has lost -22.91% so far this year. A look at the trailing 12-month EPS for JHX yields 1.00 with Next year EPS estimates of 1.57. For the next quarter, that number is 0.36. This implies an EPS growth rate of -7.71% for this year and 5.71% for next year. EPS is expected to grow by 3.82% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.57%.
Float and Shares Shorts:
At present, 429.79 million JHX shares are outstanding with a float of 429.40 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JHX since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.80951 being high and $1.53185 being low. For JHX, this leads to a yearly average estimate of $1.62142. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
